The mission of the ISA is to develop Iceland based research / innovation initiatives, to advise on space policy, and to provide operational logistics and research support between foreign organizations, academia, government, and private enterprise as they relate to and are interested in the fields of space /earth science, exploration, and business in and around the country of Iceland. The Iceland Space Agency is privately organized but working directly with the Háskoli Íslands and the Ministry of Higher Education, Science and Innovation to develop and map the space sector of Iceland Geimvísindastofnun Íslands ehf.